Five Below
FIVE
450 hedge funds and large institutions have $9.75B invested in Five Below in 2021 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 172 increasing their positions, 154 reducing their positions, and 62 closing their positions.
45% more call options, than puts
Call options by funds: $221M | Put options by funds: $152M
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
12% more repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 154
0.42% more ownership
Funds ownership: 97.97% → 98.39% (+0.42%)
4% less funds holding
Funds holding: 469 → 450 (-19)
8% less capital invested
Capital invested by funds: $10.6B → $9.75B (-$858M)
21% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 62
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$98M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$93.2M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$85.3M |
| 4 |
AC
Armistice Capital
New York
|
+$75.9M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$65.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$185M |
| 2 |
Two Sigma Investments
New York
|
-$93.5M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$72.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$47.7M |
| 5 |
Renaissance Technologies
New York
|
-$47M |
FIVE Hedge Fund Activity: Q3 2021 in Review
450 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q3 2021, worth a combined $9.75B — down 8.1% from $10.6B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of FIVE and 49 opened new positions — a net loss of 13 holders — while 154 trimmed existing stakes and 172 added.
The largest buyer was Balyasny Asset Management, adding an estimated $98M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $185M sold.
- 450 institutional investors held Five Below (FIVE) as of Q3 2021, down from 469 in Q2 2021.
- Funds reported $9.75B of Five Below stock for Q3 2021, down 8.1% quarter-over-quarter.
- 49 funds opened new Five Below positions in Q3 2021 and 62 closed out, a net change of -13 holders.
- The largest Five Below buyer in Q3 2021 was Balyasny Asset Management, an estimated $98M added.
- The largest Five Below seller in Q3 2021 was 1832 Asset Management, an estimated $185M sold.
Based on aggregated 13F filings for Q3 2021.